In re the Estate of Jackson

Foley, S.:

The executor has appealed from the order fixing the transfer tax upon three separate grounds:(1) The first ground of appeal is that the common stock of the Boorum & Pease Company has been appraised in the report in excess of the true value of the stock at the date of decedent’s death on April 15, 1922. She was the owner of 1,111 shares of the common stock of that company, out of a total capital of 4,000 shares. This corporation manufactures and sells standard blank books and loose-leaf devices. The transfer tax appraiser has valued the stock at $299.21 per share. It is contended by…